Chapter 4, Problem 1ES

To determine

To fill: The Check dated June 13, 20XX to Byron Johnson in the amount of $296.83 for a washing machine and complete the check stub.

Answer to Problem 1ES

Solution:

The written check and the complete stub is shown below:

Explanation of Solution

Given Information:

The check and the corresponding stub is shown below:

Write a check dated June 13, 20XX to Byron Johnson in the amount of $296.83 for washing machines.

Enter the date: June 13 20XX.

Write the name of the payee: Byron Johnson.

Enter the amount of the check in numerals: 296.83.

Enter the amount of the check in words: Two Ninety Six and $\frac{83}{100}$ dollars where the fraction $\frac{83}{100}$ describing the cents.

Write the purpose of the check on the memo line: Washing machine.

Sign your name:

Therefore, the completed check for this transaction,

For the check number 456 shown above follow the steps to find the completed stub.

Enter the date: 13/6/20XX.

Enter the amount of the check: $296.83.

Enter the payee: Byron Johnson.

Enter the purpose: Washing machine.

Enter the balance forward: Already entered here ($ 4307.21).

Enter the total deposits: $ 0.

Add the balance forward and the deposits to find the total: $ 4307.21.

Enter the amount of this check: $296.83.

Subtract the amount of the check from the total to find the balance: $ 4010.38.

Therefore, the completed check stub is,